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Press Release23 July 2019Siemens AGMunich
Supporting the national vision to build a more sustainable South Africa
To contribute to the
national vision and to the betterment of this country, Siemens has updated its
Business to Society report, an exercise the company has been doing since 2014,
to demonstrate how it supports South Africa’s long-term development plan of
reducing and ultimately eliminating poverty and inequality and how it is
helping to build a more inclusive economy where all its people can prosper.
The Business to Society
report is an expression of the multifaceted impact that Siemens has and is continuously
making in South Africa. The
report measures
and quantifies the economic growth generated by Siemens, the jobs it’s created,
the skills it has cultivated, the innovation stimulated by the company, the
contribution made to preserving the environment and the overall societal
transformation and quality of life improved.
“This report clearly
demonstrates, with real statistics that our investment in South Africa goes far
beyond the provision of technology. What we contribute to the country’s economy
is engrained into every aspect of what we do at Siemens. This makes our
existence as an organization worthwhile,” says Sabine Dall’Omo - CEO for
Siemens Southern and Eastern Africa.
“This report clearly
demonstrates, with real statistics that our investment in South Africa goes far
beyond the provision of technology. What we contribute to the country’s economy
is engrained into every aspect of what we do at Siemens. This makes our
existence as an organization worthwhile,” says Sabine Dall’Omo - CEO for
Siemens Southern and Eastern Africa.
For Siemens, the
purchasing of goods in South Africa and the investments made towards
localization is a vital component to strategically drive economic growth. With
its solutions, industry expertise and the introduction of its latest
technologies and innovations, the company contributed a total of R6.1 Billion
in Gross Value Add directly and indirectly to the economy in 2018, in the Food
& Beverage, Automotive, Mining and Water Industries.
Beyond the industry
investments, Siemens has committed to creating jobs and developing the skills
of its employees through training and skills development initiatives, while
improving the quality of the lives of people who reside in the different
communities they operate in, through various Corporate Social Responsibility
initiatives. The company also invests heavily in enterprise and supplier
development and stands by its strong ethical business practices.
Sabine
Dall’Omo comments “The time has come for South African corporates to re-invent
their mission and align it to the greater good of the economy. Creating the
necessary sustainability and economic inclusion can no longer rest on
parastatals and government heads, corporates must get actively involved in
order to nurture and retain the right set of skills in the working force.”
For more information on the Business to Society approach, please visit https://new.siemens.com/za/en/company/topic-areas/business-to-society.html
For this press release
Siemens AG
(Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence,
innovation, quality, reliability and internationality for more than 170 years. The company is active
around the globe, focusing on the areas of electrification, automation and digitalization. One of the
largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of
efficient power generation and power transmission solutions and a pioneer in infrastructure solutions
as well as automation, drive and software solutions for industry. With its publicly listed subsidiary
Siemens Healthineers AG, the company is also a leading provider of medical imaging equipment – such as
computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as
well as clinical IT. In fiscal 2018, which ended on September 30, 2018, Siemens generated revenue of
€83.0 billion and net income of €6.1 billion. At the end of September 2018, the company had around
379,000 employees worldwide. Further information is available on the Internet at
www.siemens.com
.
Contact
Keshin Govender
Siemens AG
300 Janadel Avenue, Halfway Gardens Midrand
1686
1686
+27 71 492 3789